Entrepreneur News Network

FirstClub Raises $55 Million Series B Funding to Expand Quick Commerce Business

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Bengaluru: Quick commerce startup FirstClub has secured $55 million (approximately ₹512 crore) in a Series B funding round led by Peak XV Partners and Sofina, with participation from existing investors Accel, RTP Global, and Paramark Ventures. The fresh capital will help the company accelerate its expansion across India, strengthen its technology and supply chain infrastructure, … Read more

Xpand Secures $6 Million to Launch AI-Powered Autonomous Retail Stores

Retail technology startup Xpand has announced a $6 million funding round led by Ibex Investors and Emerge, with participation from the company’s executive team, including Chairman and CEO Joel Bar-El. The investment reflects strong confidence in Xpand’s vision to revolutionize the retail landscape through autonomous, AI-powered store technology. Founded in 2021 as 1MRobotics and recently … Read more